Why are we again at 10.5p bid?

It doesn't add up...

Good Results + Strong buying pre results + Christmas online buying soon = Price drop

Then again some companies that have debt for equity hanging in the balance, poor results and bankruptcy around the corner and they go up!

Why sell now at a loss?

Wont that be a kick in the teeth when we see 13.5p 14p again!

Best of luck all.

The big boys make big errors in judgement sometimes, I haven't heard of him either but he didn't have a holding worth worrying about as it wasn't big enough to be disclosed. Anyway, someone else will be tipping it soon and buying heavily, just the way it goes

Robbie Burns holding was only 70,000 (I hold more myself!) but he has gathered a sizeable following. he writes fortnightly in the Sunday Times and has his own website (www.frequenttrader.info) - its a case of a small herd following and being blown out of proportion. Don't forget the price fell from 27p to 18p before he decided to sell.

exactly - loser! I sold some at 26.5 and will be a buyer at these levels (whereas the herd are buyers at 26 and sellers now)..I know who i'd prefer to follow. There is something in the old saying -go against the herd.

Rob

i don't disagree I was just pointing out why it was happening - I am not a herd follower either! - like a lot I wish I had stayed disciplined and when my initial target of 24p was met had sold - you learn by your mistakes. The beauty of hindsight!!! Well done on selling at 26p and I'll congratulate you further down the line for buying now. I'm still holding from an average of c.10p so still well in profit and happy to ride this one out.

still bleeding away nother .25p gone spose did well to hold so long with todays trades....... ;o(((((((((((

I wasn't calling you a herd follower Fundamentalist, i too was agreeing with you about R Burns - he's the loser. Sorry that wasn't clear. It's very difficult being a long term investor these days with so much info and market/ind share sentiment changes, if you can get in cheap and out after a run, then get back in lower it beats holding. But as long as nothing has changed, i.e the prospects are the same then there's no reaason to sell (only to make the volatility pay) so let's be patient and we should be o.k. What i'm saying is - if we haven't already sold in the twenties, then there's no point selling now unless the view is that they'll fall to 10, but my guess is that they will re-bound at this level so i'm holding my remaining and topping up too - RTD is one to make money on (volatility gives opportunity) and we will all look back in a few weeks time and wonder why we were'nt buying more. Getting bottom is difficult but knowing value is easier, these are good value.

Buyers currently paying a bargain 16.25. Getting ready to Buy tomorrow, hope to get in at around 15 but could be marked up tomorrow morning scuppering my plans :-)

We saw last year several trading updates and projections and a couple of contract news. We need an update to stop the wrot, the co isn't going to want see the price slide further - either that or the takeover rumours will start again.

i wonder if the directors, sold there holdings?

Do you all think that the price will rise quite quickly when people are buying for next years ISA after Monday. Is it possible the market is shaking itself out for the end of the tax year? I am keeping mine!!

Moneyplus

Personal opinion only - but I think there are several factors behind the falls of which that could well be one. I think the main factor has been that the rise was overdone and that there have been a lot of people shorting this share since the results. I for one will be adding more on 6th April in next years ISA allowance.

Petralva

If the directors had sold shares there would be an RNS

My plan to buy in today below 16 scuppered but must stick to my target. Are we bouncing along the bottom now?..

hey robstuff - did you manage to buy any rtd in the end?

so what are peoples views as to what will happen to rtd this month. i would love to see a rise but i feel we will be going down to the next support level before we see a decent rise. hope i am wrong though.

jd xfinger we're at bottom I hope, price gained and held .5p in spite of near 2/1 sell/buy there is I'm sure belief in this Co. the case made for share to be worth 20p+ still holds good

Evening all,

Encouraging US data today ensures that medium-term positive sentiment continues in the markets in general. This makes the excessive bearish trend which RTD is going through all the more anomalous - particularly as we know that nothing has changed and the fundamentals are as good as they were expected to be when punters were happily buying in at 25p+.

I'm going to buy my chunk back tomorrow (not at the same profit I thought - but I just don't have the right "vibes" on this trade). I'm no longer convinced that we're going to hit either of the chart predicted 14p/12p levels.

In fact, given the volume traded this week it looks like mass profit taking due to the end of the tax year plus opportunistic traders selling like crazy to force a low price (i.e. a bear raid). The year-enders are all going to be out by the end of Monday - but I would guess most are out now. Loads of people will be looking to buy into ISAs on Tuesday and I think that the MMs know this and are going to ensure that these people are going to have to pay a higher price than the one we're currently at.

The bullish side is that there is still a substantial amount of buying going on - it couldn't match the selling earlier in the week, though a lot of investors are now seeing this price as ridiculously cheap and I've noticed some good sized chunks being bought by the "clever money".

Given the speed of selling, there's a good chance of an equally powerful bounce back. This could well come in the form of a 1-2p mark up on Monday or Tuesday morning followed by solid buying.

Should the price keep above 16p at tomorrow's close - prepare for the upward ride!

All the best

OG

Just topped up again at 16.75p, quite happy with that, ahead of the expected rush, small note RTD was in the top 5 traded shares on comdirect(buys that is), so hopefully everybody will be topping up their ISA's on Monday and give this share the push it needs back up to 20 pence.

Have learned to check with broker true curent buy/sell price reveals many of trades listed as sell actualy buys gives much better picture(understand why M.A list as)

Douggie

How did you check that?

Is there a nominee account broker that will tell you or is it an ordinary expensive broker that told you?

Buyers are back in force and although it didn't reach my target I got in this morning so hope for a mark up next week. I believe we should see plenty of positive comment now and see a short term rise in price.